Nokia unveils Windows smartphone Lumia

 

 

A screenshot of the Nokia website displaying Lumia, the firm's first Windows phone.

Nokia Corp. has unveiled its first Windows-based cell phones in a bid to recapture lost ground in the smartphone market.

CEO Stephen Elop said on Wednesday in London that the Lumia 800 and 710, based on Microsoft Corp.’s Windows software, will be accompanied by four other smartphones.

Nokia, claiming 1.3 billion daily users, has been losing the smartphone race as it is squeezed in the low end by Asian manufacturers like ZTE and in the high end by the Apple Inc.’s Phone, Research in Motion’s Blackberry and Google’s Android devices.

Nokia stock was up 3 per cent at 4.95 ($6.83) in Helsinki.